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NASDAQ:XGTIxG Technology Stock Price, Forecast & News

Notice: This company has been marked as potentially delisted and may not be actively trading.
$1.00
-0.14 (-12.28 %)
(As of 06/5/2020 04:00 PM ET)
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Today's Range
$0.87
Now: $1.00
$1.47
50-Day Range
$0.45
MA: $0.90
$1.46
52-Week Range
$0.22
Now: $1.00
$1.49
Volume121.51 million shs
Average Volume73,353 shs
Market Capitalization$19.18 million
P/E RatioN/A
Dividend YieldN/A
Beta0.65
xG Technology, Inc. designs, develops, and delivers advanced wireless communications solutions in North America, Europe, South America, Asia, and rest of world. Its business lines include the brands of Integrated Microwave Technologies LLC (IMT) and Vislink Communication Systems (VCS). IMT develops, manufactures, and sells microwave communications equipment utilizing COFDM (Coded Orthogonal Frequency Division Multiplexing) technology, a transmission technique that combines encoding technology with OFDM (Orthogonal Frequency Division Multiplexing) modulation to provide the low latency and high image clarity required for real-time live broadcasting video transmissions. The company develops integrated solutions that deliver video footage captured from aerial and ground-based sources to fixed and mobile receiver locations. VCS designs and manufactures products encompassing microwave radio components, satellite communication, cellular and wireless camera systems, and associated amplifier items for broadcast and media, law enforcement, public safety, and surveillance markets. It provides broadcast communication links for the collection of live news and sports and entertainment events for national broadcasters, multi-channel broadcasters, network owners and station groups, sports and live broadcasters, and hosted service providers; and secure video communications and mission-critical solutions for law enforcement, defense, and homeland security applications. The company markets its products through sales channels, including direct-to-end customer sales, network group sales, reseller/integrators, and original equipment manufacturers. xG Technology, Inc. was founded in 2002 and is headquartered in Sarasota, Florida.
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Beat the Market (BTM) Rank

Analyst Opinion: 0.0Community Rank: 2.8Dividend Strength: 0.0Insider Behavior: 0.0Valuation: 0.6 5 -4 -3 -2 -1 -

Overall Beat the Market Rank

0.69 out of 5 stars


Industry, Sector and Symbol

Industry Communications equipment, not elsewhere classified
Sub-IndustryN/A
Current SymbolNASDAQ:XGTI
CUSIPN/A
Phone941-953-9035

Debt

Price-To-Earnings

Sales & Book Value

Annual Sales$47.82 million
Cash Flow$1.41 per share
Book Value$1.20 per share

Profitability

Net Income$-10,540,000.00

Miscellaneous

EmployeesN/A
Market Cap$19.18 million
Next Earnings DateN/A
OptionableNot Optionable

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xG Technology (NASDAQ:XGTI) Frequently Asked Questions

How were xG Technology's earnings last quarter?

xG Technology Inc (NASDAQ:XGTI) issued its quarterly earnings results on Wednesday, November, 14th. The Wireless communications provider reported ($0.13) earnings per share for the quarter, topping the Zacks' consensus estimate of ($0.22) by $0.09. The Wireless communications provider had revenue of $8.33 million for the quarter. xG Technology had a negative return on equity of 117.24% and a negative net margin of 59.22%. View xG Technology's earnings history.

Has xG Technology been receiving favorable news coverage?

News stories about XGTI stock have been trending somewhat positive this week, according to InfoTrie Sentiment. The research group identifies positive and negative news coverage by monitoring more than six thousand news and blog sources in real-time. The firm ranks coverage of companies on a scale of negative five to five, with scores nearest to five being the most favorable. xG Technology earned a media sentiment score of 2.0 on InfoTrie's scale. They also gave news stories about the Wireless communications provider a news buzz of 10.0 out of 10, indicating that recent news coverage is extremely likely to have an effect on the stock's share price in the next several days. View the latest news aboutxG Technology.

Who are some of xG Technology's key competitors?

What other stocks do shareholders of xG Technology own?

Who are xG Technology's key executives?

xG Technology's management team includes the following people:
  • Mr. Roger Glenn Branton, Co-Founder, CEO & CFO (Age 52)
  • Mr. John Carlton Coleman, Non-Exec. Director (Age 65)
  • Mr. John Payne IV, Pres & COO (Age 49)
  • Mr. Benjamin H. Dickens Jr., Gen. Councel (Age 66)
  • Mr. John Procacci, VP of Sales

What is xG Technology's stock symbol?

xG Technology trades on the NASDAQ under the ticker symbol "XGTI."

What is xG Technology's stock price today?

One share of XGTI stock can currently be purchased for approximately $1.00.

How big of a company is xG Technology?

xG Technology has a market capitalization of $19.18 million and generates $47.82 million in revenue each year.

What is xG Technology's official website?

The official website for xG Technology is www.xgtechnology.com.

How can I contact xG Technology?

xG Technology's mailing address is 240 SOUTH PINEAPPLE AVENUE SUITE 701, SARASOTA FL, 34236. The Wireless communications provider can be reached via phone at 941-953-9035 or via email at [email protected]

This page was last updated on 6/6/2020 by MarketBeat.com Staff

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